Hong Kong 1980: The Savage Era

Chapter 453 455 [Aviation Aviation]

Hong Kong Dragon Airlines was in its heyday when it was first established. Although it faced difficulties from the Hong Kong government, it managed to get through the period safely. Unfortunately, it did not produce any results, and was eventually eroded by Cathay Pacific Airways.

No one in the Chinese community was willing to take over, and of course that was also because the Cao family was unwilling to let go.

Today, the Cao family's shareholding has dropped to 21.6%, and the Hong Kong Sino-Singapore Group holds 38.3%, which has been controlled by the mainland. However, Swire Pacific and Cathay Pacific Airways also hold 5% and 30% of the shares.

Once Sino-Singapore Group is willing to let go, Cathay Pacific Airways will control Dragonair and once again dominate the Hong Kong aviation industry.

Of course, the mainland also has its own considerations. The mainland has its own aviation group and does not really need the support of Dragonair.

Luo Qihong had been busy with other things and paid a little attention to this matter. He did not expect that things had come to this point.

Originally he was thinking of joining the game, but at this time there were already some troubles. First, he had to convince the Sino-Singapore Group, second, he had to defeat Cathay Pacific Airways, and third, he had to convince the Hong Kong government.

Due to new legal requirements, Luo Qihong must have British nationality or the trustworthy person must be a British national.

It is difficult for Dragonair to develop significantly due to the pressure from Cathay Pacific, but as long as it is willing to spend more money, Cathay Pacific will inevitably surrender because that is the main business of Swire Pacific.

But the airline is not the Rothschild family's main business, it is just a sideline business.

The Cao family cannot afford the loss, but the Luo Qihong family can. 20 or 30 billion yuan a year is just a small amount. As long as Luo Qihong puts in a little more effort, he can earn it back in a few months.

You should know that Luo Qihong now earns one or two hundred billion yuan every year, and this is his personal profit, and the profit of Zhaoan Group has not been included.

Bai Jinyan looked at the messy documents on the desk, and the fonts of Hong Kong Dragon Airlines, Cathay Pacific Airways and Sino-Singapore Group appeared in front of her. After thinking about it, she knew what Luo Qihong was going to do.

"You want to take action against Dragonair?"

Luo Qihong glanced at Bai Jinyan and nodded, "You have such an idea. Of the four major foreign companies in the past, only Swire & Co. is intact. Even Jardine Matheson & Co. is badly damaged. Why should he be left alone? We must teach him a lesson."

Bai Jinyan thought deeply, and said with a big belly, "Swire Pacific is the last face of the Hong Kong government. If we touch it, will there be a backlash?"

Luo Qihong shook his head. "It's already the 90s. The British are making a lot of money and are no longer as interested in these things as before. As long as we talk to the Hong Kong government, there will be great opportunities."

"How confident are we of making a profit?" Bai Jinyan picked up a piece of information and started reading it.

"It's enough to not lose money, but you still want to make money?"

Hearing this, Bai Jinyan was stunned. "Why do you do this kind of business if it doesn't make money? You don't want to spend billions to vent your anger on Taikoo Foreign Trade, do you?"

In the port and terminal business, Jardine Matheson once dealt with Luo Qihong, and did it openly and without giving him any face at all.

Luo Qihong said, "Venting off anger is secondary. The main purpose is to make money. Dragonair is not as profitable as Cathay Pacific, but it can make a lot of money if it is sold later."

"Have you thought it through?" Bai Jinyan knew that it would be difficult to convince Luo Qihong to give up, so he might as well agree. At least he could lose less money.

Luo Qihong smiled bitterly and said, "I haven't thought about it yet. This matter is a bit troublesome and requires me to personally take action. You could have helped me, but it's a pity that you are not available now."

Bai Jinyan smiled and said, "Sure, I can help you. Others may not be able to bear it because of my big belly, so we will benefit."

"It seems to make sense, but where would I put my face? Would others say I'm going too far by asking my pregnant wife to take care of business?" Luo Qihong joked.

"I don't know about that." Bai Jinyan smiled brightly.

In fact, the answer is self-evident. "Do you want to become a British citizen?" Luo Qihong put away his smile and asked Bai Jinyan seriously.

"Britain?" Bai Jinyan thought for a moment and said, "Do you want me to be the chairman of Dragonair?"

Luo Qihong nodded and said, "Yes, we must first meet the requirements of the Hong Kong government before we can join."

Bai Jinyan did not agree immediately. He pondered for a while and replied, "Okay, I'll get someone to do it."

This was the result of Luo Qihong's repeated consideration. The competition with Jardine Matheson could not be half-hearted, and a solid defense must be prepared.

The meeting room of Hong Kong Sino-Singapore Group in Central.

Chinese businessmen such as Li Jiacheng have a good relationship with Mr. Rong, the helmsman of Sino-Singapore Group. Only Luo Qihong rarely deals with Mr. Rong, which may be due to Li Jiacheng.

"Mr. Luo, how are you?" Mr. Rong extended his hand as he entered the meeting room with a bright smile on his face.

"Haha!! You can eat and sleep well, which is very good." Luo Qihong also shook his hand.

The two exchanged pleasantries for a few minutes before getting down to business.

"To be honest, Sino-Singapore Group has reached an agreement with Swire Group. The affairs of Dragonair will be handed over to Cathay Pacific. I'm really sorry that I can't help Mr. Luo." Master Rong smiled slightly.

Luo Qihong thought, "If there is no other way, why did you notify me to come here? To stir up hatred?"

"Mr. Rong, I am sincere. Your company chose to sell Dragonair only because it saw that it had no profit margin. It doesn't matter who you sell it to, but it's better to sell it to me, a Chinese, than to a foreigner." Luo Qihong smiled faintly and pretended not to hear what Mr. Rong had just said.

Young Master Rong said seriously, "Swire Pacific holds 35% of the shares directly or indirectly, making it the second largest shareholder. It's a bit difficult to get him to let go. Does Luo Sheng have any ideas?"

"The Shi Huaiya family is good at playing both sides between the mainland and the Hong Kong government. If he can do it, I can do it too, and I can do it better. I plan to invest in the UK, and I think the Hong Kong government will be happy to see it happen. I have also discussed with Mr. Li Jiacheng that we are going to build a factory in the mainland and call on Hong Kong businessmen to build factories and do business in the mainland." Luo Qihong smiled and said, "What do you think, Mr. Rong?"

All identities are fake. As long as there is huge profit to be gained, anyone's position will be shaken.

Master Rong took a deep breath. What a big deal! Could they really go to such lengths to deal with Swire Group?

He didn't know that the two-way investment was a decision that Luo Qihong had already thought of, and Luo Qihong was planning to make a fortune in the UK and leave.

Of course this will take several years.

"Okay, what does Luo Sheng want to do?" Master Rong finally agreed with Luo Qihong's statement.

"I hope that Sino-Singapore Group can reduce its holdings. 25% is a good option. The remaining 13.3% can be sold to me. I will also find other Chinese businessmen and persuade them to sell their shares so that I can hold 30% of the shares," Luo Qihong said. "Sino-Singapore Group should support my wife to become the chairman of the board."

"Why doesn't Luo Sheng just become the chairman of the board?"

"I don't want to be a British guy." Luo Qihong said seriously.

"Well, I understand." Young Master Rong said, "The group will support Mrs. Luo."

"Thank you very much, Mr. Rong. If you have any problems in the future, please come to me. We are all friends and I will definitely help you." Luo Qihong laughed.

(End of this chapter)